On February 24, 1972, USA President Nixon toured the Great Wall in China (image below), a move credited with opening up the two countries’ economies. Laurence, a pioneer in exploring business options in Asia, followed the same path about one year later with his wife, Florence. … [Read more...] about 1973
1969
PEER Chain was incorporated on July 9, 1969 as a separate entity and management. Brothers Kenneth and Laurence, 1969 (Image Below) … [Read more...] about 1969
1961
Based on our museum documents, between December 1960 and before August 1, 1961, Archer Bearing Company moves from 2021 South Wabash Avenue to 1818 South Wabash Avenue. … [Read more...] about 1961
1960
Nate’s sons, Laurence and Kenneth, start to import ball bearings from Japan around December 1960 under the brand name “PEER”. A bold move at the time, given the “wounds” of WWII were still fresh in the minds of Americans - Japan was not very popular! … [Read more...] about 1960
1948
The estimated year of the only known photo of Nate Spungen and Ralph Zeitlin standing in front of Archer Sales Company, 1931 South State Street, in Chicago. … [Read more...] about 1948
